Bankers' Hotline, Volume 29, Number 9
October is National Cybersecurity Awareness Month – a great time for financial institutions to share information and resources with customers and staff on data protection and security best practices that can help mitigate cyber threats.
In The News
- Overdraft Protection for Consumers
- CFPB Fosters Consumer Financial Innovation
- Fiserv Launches Super ATM
Combating Mortgage Fraud
Although recent reports reflect a decrease in mortgage fraud risk, mortgage scams and fraud continue to impact banks and lenders. Fraud detection and prevention training is the best method for combating mortgage scams.
A New York lawmaker has introduced a bill that would require shell companies to disclose their true beneficial owners to FinCEN.
A bill that would provide financial institutions who bank MRBs with safe harbor is moving forward.
Focus on Fraud
From the editor's desk
When Stress Can be a Good Thing
Stress, while not always welcome, can bring unexpected benefits and even potentially lead to new opportunities.
Questions & Answers
- Helping Families Kick Cancer
- Donating School Supplies for Students
- Supporting Minority SMBs
- Contributing to Solutions for Children
Copyright © 2019 Bankers' Hotline. Originally appeared in Bankers' Hotline Vol. 29, No. 9, 9/30/19
- Jim Beveridge
- Contributing Editor:
- Teri Wesley
- Board of Advisors:
- John S. Burnett
Mary Beth Guard, Esq.
Robert G. Rowe, III, Esq.
P. Kevin Smith, CPP